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The strangest thing for me is that there are a lot of children in this market who are interested in sneakers. Where did they get that amount of money?
by Chico11Kidlet 8y ago
The strangest thing for me is that there are a lot of children in this market who are interested in sneakers. Where did they get that amount of money?
- zbentley 8y agoMy nephew (12) did about the closest thing I've ever seen to the "paperclip to yacht" economic path. Some relative gave him $100 as a holiday gift a few years ago. He used it on some silly collectible monkey T-Shirts, and sold some of them to a classmate at a profit. The idea stuck, and he leveraged that to buy some shoes (not limited release, just relatively rare/desirable), and learned how to eBay them. Nowadays he has just under $10k US, and spends a lot of time chasing weird hypebeast-esque fashion drops for immediate resale. I'd be judgemental and go all "kids these days" on him if only it wasn't so lucrative for him. Sure, it's not that much money relative to an adult's earnings over a couple of years, but he's 12. My sister (his mom) worries he won't learn to appreciate savings and frugality as he never had an allowance before doing this. Me, I think he'll do just fine.
- hluska 8y agoYour nephew sounds like an incredibly cool young man. Good work to your whole family!!
- 0x445442 8y agoYeah, my son was kind of getting into this stuff a couple of years ago, he's 17 now. When it first came on my radar and I started to ask him about it I had the same thought... kids these days. Ironically, when I asked him some more questions about how the sales worked and he explained things I then told him he should write a bot.
- ratling 8y agoThat's an insanely good skill to have. Not a full time gig but a dependable side gig you can do from pretty much anywhere.